Commercial liability insurance can be of various types which provide coverage for risks and the activities that business owners might face. Such insurance is just a way of transferring all the risks on the insurance company for providing coverage to employees against certain fixed amount paid as premiums. This type of liability insurance is also termed as business insurance.There are different types of commercial insurance with various options...more
When launching a new business, owners should ensure that it is secured and protected. In order to maintain that the business stays on the safe side, business owners would require opting commercial insurance by foreseeing the future risks. Every year several companies shout down due to improper evaluation of risks and not having adequate insurance coverage. Many business owners falter to invest on the right insurance policies and some of them may...more
Negligence in Premises Liability Copyright (c) 2010 Benjamin GlassMost people believe that premises liability only involves when you slip and fall on someone else's property. That's how this sort of personal injury claim became known as a "slip and fall" claim. In reality, a premises liability claim can involve any sort of accident and injury that takes place on another party's property.Common Types of Premises Liability Resulting in a Personal Injury ClaimWhile the most common type of premises liability accident is a slip and fall injury, there are other types of accidents which can also result in a personal injury claim. Any sort of hazard that a property owner should have reasonably prevented or warned visitors about can be considered negligence in a premises liability case.Construction sites where pedestrians must cross near are responsible for keeping those pedestrians safe from falling debris and other unsafe conditions. Home owners are responsible for keeping animals restrained in their yard to prevent attacks against nearby visitors.As for slip and fall cases, property owners of all types - homeowners, business owners, government entities - are responsible for...more
Every entrepreneur must be aware of every angle in their business. Not just the operations, finance and marketing side but also the legal matters involved. Whether you have a small business, medium-sized or a large company, it is imperative to have business liability insurance. What is business liability insurance? It is a type of insurance that...more
Smart Business Liability Insurance Smart Colorado business liability insurance policies are designed for the business that buys them. These policies are not cookie-cutter affairs that offer the illusion of coverage but that fall short when something unexpected happens. There are policies on the market that are designed to be marketed to...more
Understand the Exclusions of Your General Liability Insurance Policy – Don't Be Left Uncovered There's a lot of peace of mind that comes from knowing your small business is insured. But it is important to understand your business's risks and what the various types of business liability insurance are intended to cover.For example, understanding what general liability insurance is not intended to cover is just as important as understanding what it does cover. The ideal time to find out what's covered and what's not is before you purchase a policy. As you consider your policy purchase, determine what is excluded. Once you receive your general liability policy paperwork, it may be tempting to file it away and move on to the next challenge. But, before you let your guard down, take a little time to be sure that your policy covers everything you think it does.Keep in mind the following exclusions found in nearly all general liability insurance policies.General Liability Excludes Professional LiabilityGeneral liability insurance is the most common type of business liability insurance. Basically, it is designed to protect your company in the event that someone alleges they...more
Find Optimum Reliability With Hostgator If you are looking for a good webhost, you would need to consider a number of factors before you make a decision. This will help ensure that you will be making the right choice and get the best value for...more
What is Premises Liability According to the law, people who own or rent property are accountable for accidents and some types of injuries that happen to any other person who is on that property. This is known as premises liability law. A...more
Asset and Liability - Uncovered For years, I've been spending my money and time acquiring things which I believe an asset. I guess most of the populations are also doing the same, busy acquiring things which they think as an asset and could...more
If you have just opened a business in Texas, be sure that you also own liability insurance. If there is too much pressure on your part in purchasing one because of the expenses in opening the business, find some cheap liability insurance in Texas....more
In the UK, as far as business insurance is concerned. You have two options. The first option is to take a policy out in respect of the covers that you are legally required to have. The second one is to add to these covers with others that a sensible...more
The Importance Of Renters Liability Insurance There are just so many terms that you will encounter when you have come to terms in buying renters liability insurance or insurance alone for that matter. You may get confused with all the...more